WHEN SPECULATION DAMPENS MARKETS

Posted by Leonard Steinberg of URBAN COMPASS on October 24th, 2014 Speculation can be a powerful thing: as New Yorkers awaken this morning to the reality that the first local EBOLA case has been identified, many are wondering what or if they have been exposed in some way to this deadly disease? Did you walk… [Read More]

NEIMAN MARCUS GOES WEST: HUDSON YARDS MANHATTAN LUXE!

Posted by Leonard Steinberg on September 4th, 2014 Where will all those chic new homeowners coming to West Chelsea do their shopping? Neiman’s of course!  A quick hop onto the Highline Park will take swell Chelsea dwellers a few streets north to Hudson Yards. Yes, its official: Neiman Marcus is coming to the West Side… [Read More]

560 WEST 24th STREET – WE LOVE THIS BUILDING!

Posted by Leonard Steinberg on June 7th, 2014 I cannot help but gush over this exquisite building currently under construction in the heart of West Chelsea: Its location is superb, perched aside 200 Eleventh Avenue across the street from Gagosian Gallery, between the Hudson River Park and the Highline Park, around the corner from AVENUE’S SCHOOL…..and… [Read More]

ZAHA HADID COMES TO WEST CHELSEA

Posted by Leonard Steinberg on July 16th, 2013 Zaha Hadid, the Pritzker-prize-winning architect is coming to West Chelsea: the 11-story condo building coming to 520 West 28th Street, developed by Related, is perched on a site that was actually quite limiting, according to Hadid, keeping her signature TWA-terminal-esque grand swooshes in check.  With two wings of uneven heights,… [Read More]

500 WEST 21st STREET – WEST CHELSEA'S NEWEST ADDITION

Posted by Leonard Steinberg on June 30th, 2013 Renderings were just released for the new Sherwood Equities-developed building coming to the corner of 21st Street and Tenth Avenue in West Chelsea abutting The Highline Park, 500 West 21st Street: I am not certain if I love or loathe this building. Elements of it are somewhat… [Read More]

THE CALEDONIA SETS ANOTHER PRICING RECORD

Posted on June 13th, 2012 Matt Amico reports that another apartment has sold for a record price at The Caledonia, located at 450 West 17th Street, the full service, Taconic/Related-developed building in West Chelsea abutting the Highline Park. Closed for $ 5,35 million (that’s over $ 2,400/sf) this sale proves yet again how the high-floor mega-view… [Read More]

500 WEST 23rd STREET GETTING A CVS

Posted by Leonard Steinberg on May 9th, 2012 CVS is coming to the corner of Tenth Avenue and 23rd Street in the new Sam Zell rental building. This ends rumors that a Citarella was coming. While a CVS is certainly not a Citarella, I do think its addition to the neighborhood is extremely useful: Right… [Read More]

WHEN REAL ESTATE BECOMES ART

Posted by Leonard Steinberg on September 29th, 2011 Have you walked the HIGHLINE PARK by 245 Tenth Avenue recently? If so, you will see a light installation called REMOTE NATION by artist Kevin Cooley that is really rather exceptional. All West facing windows overlooking The Higline Park emanate light transmitted by dozens of televisions placed… [Read More]

CITARELLA COMING TO WEST CHELSEA?

Posted on August 21st, 2011 The new EQUITY/Sam Zell rental building at 500 West 23rd Street may be bringing a worthy counter-balance to its rather mundane architecture to the West Chelsea neighborhood: rumor on the street is the ‘ultimate gourmet market’ Citarella may be the new street level retail tenant. With 5 locations currently in Manhattan and… [Read More]